Things we're reading today include ...
Companies:
Citi to sell Nikko to SMFG for $7.8bn (Financial Times)
Citigroup scrambles to raise capital (Financial Times)
Any Citi capital need seen as manageable-sources (Reuters)
More bonuses for Citigroup's bankers? Yes (MSN)
How Goldman Sachs took over the world (Independent)
MasterCard hit by fall in credit card spending (Financial Times)
Markets:
France delays Sepa Direct Debit launch (Finextra)
Regulators Said to Plan Stress-Test Disclosures May 7 (Bloomberg)
Economy:
Green shoots will not mean healthy roots (Guardian)
Signs suggest the worst of the British recession is over (Independent)
US still deep in recession (Guardian)
Financial crisis brings sobriety to Warren Buffett's capitalist jamboree (Guardian)
The Friday Interview: Number cruncher who foresaw financial crash (Guardian)
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
